Convert Laotian Kip to Turkmenistani Manat
Please provide values below to convert Laotian Kip [LAK] to Turkmenistani Manat [TMT], or Convert Turkmenistani Manat to Laotian Kip.
How to Convert Laotian Kip to Turkmenistani Manat
1 LAK = 6179.84588571429 TMT
Example: convert 15 LAK to TMT:
15 LAK = 15 × 6179.84588571429 TMT = 92697.6882857143 TMT
Laotian Kip to Turkmenistani Manat Conversion Table
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Laotian Kip
The Laotian Kip (LAK) is the official currency of Laos, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Laotian Kip was introduced in 1952, replacing the French Indochinese piastre, and has undergone various redenominations and reforms to stabilize the economy and control inflation.
Current Use
Today, the Kip remains the primary currency in Laos, used in all financial transactions, with coins and banknotes issued by the Bank of the Lao P.D.R. and widely accepted throughout the country.
Turkmenistani Manat
The Turkmenistani Manat (TMT) is the official currency of Turkmenistan, used for all monetary transactions within the country.
History/Origin
The Turkmenistani Manat was introduced in 1993, replacing the Soviet ruble, and has undergone several redenominations to stabilize the economy and control inflation.
Current Use
Today, the Manat is widely used in Turkmenistan for everyday transactions, banking, and trade, with banknotes and coins issued by the Central Bank of Turkmenistan.